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Summertime and the living isn’t easy for the Fed | Morning Bid

visibility comment0 event May 31, 2026 timer 07:00

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Kevin Warsh chairs his first Fed meeting in June, but Jerome Powell may still make his presence felt. His board seat runs to early 2028, making him a potential swing vote. Meanwhile, questions are growing over whether Warsh will move to scrap the dot plot and reduce the Fed’s balance sheet. A move analysts warn could add volatility and a risk premium at a time when borrowing costs are already high.

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